Banan shareholders to vote on granting OGM powers to board on Sept. 11

20/08/2023 Argaam
Logo ofBanan Real Estate Co.

Logo of Banan Real Estate Co.

Banan Real Estate Co.’s shareholders will vote on delegating the ordinary general meeting (OGM) powers to the board of directors, during the extraordinary general meeting (EGM) scheduled for Sept. 11. 

The OGM powers will be granted for one year from the approval date or until the end of the delegated board term, whichever is earlier, according to a statement to Tadawul. 

The authorization will be valid for real estate, construction, and development activities.  

Shareholders will also vote on amending some articles of association, the statement added.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.